FXPrimus Rated 3/5

FXPrimus Guide - Read our In Depth 2023 FXPrimus Review

This FXPrimus review was written by industry experts with over 20 years of financial experience in Forex, Social Trading.
*This content does not apply to US users.

Benefits of Trading with FXPrimus

FXPrimus Review 2023 Quick Summary
๐Ÿ’ฐ Min Deposit 100
๐Ÿ‘ฑโ€โ™‚๏ธ Used By 10,000 FXPrimus users and traders
๐Ÿ“† Founded 2009
๐ŸŒ HQ Cyprus
๐Ÿ‘ฎโ€โ™‚๏ธ Regulation Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
๐Ÿšซ Excluded Countries FXPrimus is not available in the following countries : AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR,US, AU, SY, DZ, JP, EC.

Open FXPrimus's Website

Losses can exceed deposits


learn more Learn more about IC Markets.
Losses can exceed deposits

What is FXPrimus?

FXPrimus are a worldwide financial trading platform and broker. founded in 2009

Over 14 years later FXPrimus now serves over 10,000 retail investors Forex trading, and Social trading.

FXPrimus are a global broker. FXPrimus have a head office in Cyprus.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this FXPrimus review and assess how well the FXPrimus platform functions in its role as an international multi asset trading platform for traders in 2023.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like FXPrimus. Choosing or shortlisting a trading platform like FXPrimus can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like FXPrimus.

As a result, selecting the right trading platform like FXPrimus requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like FXPrimus available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like FXPrimus requires thorough due diligence and careful consideration. Some FXPrimus trading features can be complex when trading on mobile or using the FXPrimus online trading platform. Beginners and inexperienced traders must take the time to learn how to use the FXPrimus trading tools properly. In our review of FXPrimus we explain the pros and cons. What FXPrimus offer, countries FXPrimus are available in. Who FXPrimus are regulated by and more.

FXPrimus Review Screenshot

When it comes to online trading with brokers like FXPrimus, carefully review FXPrimus as your broker can make or break your success. Choosing the right broker is essential to ensure your FXPrimus investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your FXPrimus review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of FXPrimus. You must also ensure the FXPrimus broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, FXPrimus needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with FXPrimus into easily digestible information in this FXPrimus review. We want to ensure you have all the knowledge necessary to use the FXPrimus trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with FXPrimus are the key to successful trading, so we've provided this detailed FXPrimus review. So, take a seat, grab a cup of coffee, and dive in to learn about FXPrimus and how it can benefit you or if FXPrimus is not for you.

Online investing with FXPrimus can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with FXPrimus, evaluating the FXPrimus platform is important. Evaluation includes researching the FXPrimus management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with FXPrimus. That's why it's essential to understand the FXPrimus company policies and practices before making any investment decisions. By doing your due diligence and understanding FXPrimus platform, you can make informed investment choices that align with your financial goals. So take the time to research FXPrimus thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this FXPrimus review you need to determine if FXPrimus is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to FXPrimus, so you can make a more informed decision and compare other brokers against FXPrimus.

If you want to look at some FXPrimus alternatives that might better fit your needs, we list and compare some of the best FXPrimus alternatives further down this FXPrimus review.

Don't be fooled by the misconception that online trading is easy with FXPrimus. It can be challenging and requires significant research and understanding of the FXPrimus trading tools and features. You must know what you are doing when trading with FXPrimus. That's why we've compiled this detailed FXPrimus review with some important information that will hopefully make you more informed when online trading with FXPrimus.

FXPrimus Review Table of Contents

FXPrimus review
FXPrimus is a Multi-Assets Trading Platform with over 130+ Assets

Learn more about FXPrimus. FXPrimus is a multi asset platform with 130+ tradable Assets. Assets available on FXPrimus include Forex, Social Trading.

FXPrimus trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex, Social Trading are considered financial assets.

Features of FXPrimus

FXPrimus review
What you should know

FXPrimus offer two ways to trade: Forex, Social Trading. The assets and products available to you on the FXPrimus trading platform depends on the region of the world, you are in and the FXPrimus entity you have an account.

With FXPrimus you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with FXPrimus platform.

FXPrimus are able to accommodate various levels of traders whether you are experienced or a beginner.

Are FXPrimus safe?

When considering FXPrimus for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as FXPrimus, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2009, and in operation for 14 years FXPrimus have a head office in Cyprus.

FXPrimus is regulated. This means FXPrimus are supervised by and is checked for conduct by the Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) regulatory bodies.

FXPrimus withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like FXPrimus are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. FXPrimus are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of FXPrimus and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. FXPrimus has a reputation for efficient and reliable fund transfers, and they take great care to ensure that your money is safe and secure. When you submit a withdrawal request, FXPrimus will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like FXPrimus, you can enjoy peace of mind and focus on your trading activities without worrying about the safety of your funds. If FXPrimus violate any regulatory rules their regulated status could be stripped.

Losses can exceed deposits

Is my money safe with FXPrimus?

All payments made to FXPrimus by traders are securely held in a segregated bank account.

FXPrimus uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should FXPrimus use them?

FXPrimus partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their FXPrimus clients' funds.

FXPrimus clients can have greater confidence in their financial security when working with a Tier 1 bank because FXPrimus are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in FXPrimus deposited in a Tier 1 bank?

Depositing funds with FXPrimus ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if FXPrimus were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that FXPrimus is a secure and safe platform.

Please be aware that trading in financial assets with FXPrimus carries a risk of loss. FXPrimus trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, Social Trading due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

FXPrimus emphasizes this risk on its platform and provides clear risk warnings - Losses can exceed deposits. After answering some important questions about FXPrimus, let's closely examine its features.

To better understand the FXPrimus trading platform, you can create two separate accounts - one with real money and the other a FXPrimus demo account. A FXPrimus demo account provides a risk-free environment for experimenting with the FXPrimus platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in FXPrimus trading decisions.

Open a demo account Visit FXPrimus

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How FXPrimus as a Company Compare Against Other Brokers

Broker FXPrimus IC Markets Roboforex eToro
Year Established 2009 2007 2009 2007
Head Office Cyprus Australia Belize Cyprus, UK
Regulation Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076
Used By 10,000+ FXPrimus users 180,000+ IC Markets users 1,000,000+ Roboforex users 30,000,000+ eToro users
Negative balance protection No Yes No Yes
Guaranteed Stop Loss No No No No
Learn More Visit FXPrimus Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 77% of retail investor accounts lose money when trading CFDs with this provider.

FXPrimus review
FXPrimus Pros and Cons

What we like about FXPrimus

  • Used by over 10,000 FXPrimus users and traders
  • Established in 2009
  • Regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID)
  • Min. deposit from $100

What we don't like about FXPrimus

FXPrimus review
FXPrimus Regulation and Licensing in more detail

FXPrimus is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of FXPrimus going into insolvency. FXPrimus compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like FXPrimus to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for FXPrimus traders.

FXPrimus is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like FXPrimus you should be sure they're legitimate online agent.

Is FXPrimus Global?

Yes, FXPrimus is global as FXPrimus is available in over 179 countries.

FXPrimus is a global trading platform in the sense that it operates in 179 countries including nations in Africa, Asia, and Europe. Major countries FXPrimus covers include the UK, Germany, South Africa, Thailand, China . FXPrimus has a total of more than 10,000 users.

FXPrimus review
FXPrimus Awards

FXPrimus have won numerious industry awards over the 14 years they have been operating as a financial broker. We have listed the most notable awards and mentions for FXPrimus below.

  • Most Trusted Broker - International Investor Award
  • Most Trusted Broker 2020 - International Investor Award
  • Best Asian Forex Support 2019 - Global Forex Awards
  • Best Trading Service South Africa 2019 - Traders Fair
  • Best Forex Broker Europe 2019 - FXDailyInfo
  • Most Trusted Broker Asia 2018 - Global Brands
  • Best Forex Broker Asia 2019 - Global Brands
  • Best Forex Broker Vietnam 2018 - Traders Awards
  • Best Customer Support Broker And Best Trading Platform 2018 - FxDailyInfo

FXPrimus review
FXPrimus Fees Explained

  • FXPrimus withdrawal fees varies on payment method
  • FXPrimus does not charge a fee for inactive accounts.
  • FXPrimus does charge deposit fees.

Modern brokers like FXPrimus provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, FXPrimus may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall FXPrimus trading profitability.

How FXPrimus Fees Compare Against Other Brokers

Broker FXPrimus IC Markets Roboforex eToro
Min Deposit 100 200 10 50
Withdrawal Fees Varies No Yes Yes
Inactivity Fees No No No Yes
Deposit Fees Varies Varies No No
CFD Commission Fees No Yes No Yes

FXPrimus Minimum Deposit

FXPrimus requires a minimum deposit of 100 GBP/USD/EUR when opening an FXPrimus trading account.

A minimum deposit is the minimum amount of money required by FXPrimus to open a new online brokerage account with them.

Don't be scared off by brokers like FXPrimus charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like FXPrimus, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

FXPrimus Withdrawal Fees

The fees for withdrawing funds from your FXPrimus account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your FXPrimus withdrawal request is important.

FXPrimus Withdrawal rules may vary across different brokers when it comes to transferring funds from your FXPrimus or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with FXPrimus may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the FXPrimus withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from FXPrimus. Researching and comparing FXPrimus withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing FXPrimus funds frequently or dealing with large sums of money. Awareness of these FXPrimus fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your FXPrimus funds.

For example, FXPrimus allows you to withdraw your funds to Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Payoneer, SafeCharge, TrustPay, EmerchantPay, Bitcoin, UnionPay, FasaPay, Giropay.

FXPrimus Inactivity Fees

FXPrimus does not charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by FXPrimus terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all FXPrimus fees and services. It's recommended that you check the FXPrimus website before signing up. If you decide to close your FXPrimus account, it's important to do so with the FXPrimus broker customer support and obtain confirmation that no remaining FXPrimus fees are due.

Brokers like FXPrimus must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

FXPrimus Deposit Fees

FXPrimus do charge deposit fees.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

FXPrimus Commission Fees

FXPrimus does not charge commission on CFD instruments.

Brokerage firms like FXPrimus may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the FXPrimus trading account level held by the trader.

FXPrimus may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing FXPrimus terms and conditions to understand the commission fees and any other charges that may apply is essential.

FXPrimus review
What can you trade with FXPrimus?

It's essential to note that the trading instruments offered under the FXPrimus brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the FXPrimus trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with FXPrimus over 130 instruments in fact.

If you want to trade currency pairs on global Forex markets, FXPrimus offer over 45 currency pairs.

Compare FXPrimus with IC Markets and Roboforex below.

Losses can exceed deposits

How FXPrimus Trading Options Compare Against Other Brokers

Broker FXPrimus IC Markets Roboforex eToro
Instruments Available 130 2250 100 5000
Platforms MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android MT4, MT5, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 45 61 35 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes No Yes
Commodity CFDs        
Commodities Offered 0 20 21 31
Metals Yes Yes Yes Yes
Energies Yes Yes No Yes
Agricultural No Yes No Yes
Indiced & Stock CFDs        
Stocks Offered 60 2100 0 2042
UK Shares Yes Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit FXPrimus
Losses can exceed deposits
Visit IC Markets
Losses can exceed deposits
Visit Roboforex
Losses can exceed deposits
Visit eToro
77% of retail investor accounts lose money when trading CFDs with this provider.

FXPrimus review
Trading on FXPrimus web platforms and other applications

FXPrimus is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.

A FXPrimus iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.

FXPrimus also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See FXPrimus's platforms

Is the FXPrimus Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the FXPrimus trading platform to protect you on PC and mobile FXPrimus platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using FXPrimus web trading platforms.

FXPrimus Trading Platform Options

After logging into your FXPrimus account, you'll find a range of trading platform options available below.

  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)

FXPrimus does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options FXPrimus gives you.

FXPrimus review
FXPrimus MetaTrader 4 (MT4)

FXPrimus MetaTrader 4

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on FXPrimus offers traders comprehensive features and tools to enhance their trading performance. The FXPrimus MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the FXPrimus platform to their needs. One of the standout features of MT4 is its charting functionality, which allows FXPrimus traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give FXPrimus traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 FXPrimus trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the FXPrimus MetaTrader 4 (MT4) trading platform. MT4 is a platform available with FXPrimus, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The FXPrimus MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. FXPrimus allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with FXPrimus in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. FXPrimus MetaTrader 4 is compatible with the latest macOS. FXPrimus allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on FXPrimus

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade FXPrimus MetaTrader 4 on iOS Devices

You can download the FXPrimus app or trade with FXPrimus through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. FXPrimus customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade FXPrimus MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and FXPrimus offers its clients access to the MetaTrader 4 platform on these devices. With the FXPrimus MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing FXPrimus traders to stay on top of their trades and react quickly to changes in the market. With the FXPrimus MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade FXPrimus MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on FXPrimus are a powerful bundle of three major indicators designed to help traders make informed decisions. FXPrimus MT4 Trading Central indicators include:

  • Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
  • Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help FXPrimus traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing FXPrimus traders to potentially stay one step ahead.

FXPrimus MetaTrader 4 Advanced Trading Tools

The FXPrimus MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give FXPrimus traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, FXPrimus provides traders with everything they need to succeed. The FXPrimus MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing FXPrimus traders to analyze the market at any level of complexity.

Trade FXPrimus MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

FXPrimus MetaTrader 4 & MetaTrader 5 AutoChartist

Autochartist on the FXPrimus platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for FXPrimus MetaTrader 4 and MetaTrader 5 Autochartist can scan the market using an expert advisor script.

With Autochartist, FXPrimus traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save FXPrimus users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. FXPrimus traders can navigate the platform and find the information they need to make informed trading decisions.

FXPrimus Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for FXPrimus traders of all experience levels.

FXPrimus review
FXPrimus MetaTrader 5 (MT5)

FXPrimus MetaTrader 5

FXPrimus MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, FXPrimus MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices. MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4.

MT5 on FXPrimus provides the convenience of using automated trading systems and copy trading, giving FXPrimus traders competitive research tools in the financial markets.

You can learn more about the MT5 Platform here. You can also learn more about the differences between MT5 and MT4 here.

Trade FXPrimus MetaTrader 5 WebTrader

Access your FXPrimus MetaTrader 5 accounts from any web browser. MT5 on FXPrimus features a massive range of tools like additional timeframes and the most up-to-date technical indicators to give you all the trading resources you need to trade on and analyze the financial markets.

FXPrimus review
FXPrimus MT5 Buying and Selling

FXPrimus MetaTrader 5 Buying and Selling

FXPrimus MetaTrader 5 on iOS Devices

FXPrimus MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. You should upgrade the iOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability. FXPrimus MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.

FXPrimus MetaTrader 5 on Android Devices

The FXPrimus MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system. Additionally, to connect to the FXPrimus trading server. Take the time to understand all of the FXPrimus Android MetaTrader 5 features. With FXPrimus MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere.

FXPrimus Metatrader Mobile Application Features

MetaQuotes, the developers of Metatrader, have listened to the feedback of their millions of users and have built what has become one of the most popular mobile trading platforms in the world. MetaTrader features include :

  • FXPrimus Financial instrument quotes
  • View in-depth price charts of financial instruments with FXPrimus MetaTrader
  • Manage trades and open positions on FXPrimus MT4 & MT5
  • View your FXPrimus trading history
  • View market news
  • MetaTrader internal messaging on FXPrimus
  • View and research market statics of FXPrimus financial instruments
  • FXPrimus Position opening and closing
  • Lookup symbols in the FXPrimus MetaTrader quotes section
  • Display of deals on FXPrimus graphs
  • FXPrimus Timeframe selection for graphs and charts
  • Additional vertical scaling of FXPrimus graphs
  • Capability to transfer FXPrimus accounts to other devices using QR codes
  • Information is available only if it's supplied by FXPrimus
  • Access the OTP generator through FaceID or fingerprint with FXPrimus

FXPrimus MetaTrader 5 Advanced Trading Tools

FXPrimus MetaTrader 5 has many advanced trading tools for more advanced users. Understanding these tools can give you a competitive edge.

  • FXPrimus MT5 Depth of market bids and asks
  • Financial Price Data on FXPrimus
  • Margin Calculation, Futures, Forex on FXPrimus
  • Advanced Techincal Analysis on FXPrimus MT5
  • One click trading on FXPrimus MT5
  • FXPrimus Spreads
  • FXPrimus Futures
  • FXPrimus Trading Reports

FXPrimus Trading benefits

  • FXPrimus Allows scalping
  • FXPrimus Allows hedging
  • FXPrimus Offers STP
  • FXPrimus Low min deposit

FXPrimus Trading Accounts Offered

Below we give an overview of the account types that FXPrimus offer. Whatever you are looking to trade, the varying FXPrimus account types will be able to provide you with what you need.

  • FXPrimus Demo account
  • Micro account
  • FXPrimus Mini account
  • FXPrimus Standard account
  • FXPrimus ECN account
  • FXPrimus STP account
  • FXPrimus Managed account
  • FXPrimus Islamic account

Can I try FXPrimus?

FXPrimus provides a demo account that enables individuals to explore trading before investing their funds. By creating a FXPrimus practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the FXPrimus demo account can help individuals to make informed decisions before investing their money.

Open a demo FXPrimus account to practice and trade.

Losses can exceed deposits

FXPrimus withdrawal and funding methods

It's essential to remember that the payment methods provided by FXPrimus vary based on the FXPrimus entity and the FXPrimus client's country of residence. To view the FXPrimus payment options available, you can log into your FXPrimus member's area.

FXPrimus offers various funding payment methods listed in your FXPrimus dashboard if available in your region. To learn more about the FXPrimus funding and withdrawal options available in your area, you can explore the FXPrimus website.

FXPrimus provides several payment methods for funding your FXPrimus account. You may utilize any of these deposit options if they are available in your region. FXPrimus ensures that users have multiple payment methods to choose from, making it more convenient for verified FXPrimus account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the FXPrimus user's location. learn more about FXPrimus funding and withdrawal methods.

FXPrimus Payment Methods

Some FXPrimus payment methods are local and are available only to specific regions. FXPrimus account holders should check which payment methods are provided in your region.
  • FXPrimus accepts Credit cards
  • FXPrimus accepts VISA
  • FXPrimus accepts MasterCard
  • FXPrimus accepts Debit cards
  • FXPrimus accepts Bank Transfer
  • FXPrimus accepts Electronic wallets (eWallets)
  • FXPrimus accepts Neteller
  • FXPrimus accepts Skrill
  • FXPrimus accepts Payoneer
  • FXPrimus accepts SafeCharge
  • FXPrimus accepts TrustPay
  • FXPrimus accepts EmerchantPay
  • FXPrimus accepts Bitcoin
  • FXPrimus accepts UnionPay
  • FXPrimus accepts FasaPay
  • FXPrimus accepts Giropay
Broker FXPrimus IC Markets Roboforex eToro
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes No Yes
Skrill Yes Yes Yes Yes
Payoneer Yes No Yes No
Neteller Yes Yes Yes Yes

*please note available FXPrimus and other broker payment methods depend on the clients country of residence.

How can I start trading with FXPrimus?

To open a trading account with FXPrimus, individuals can sign up on the FXPrimus website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for FXPrimus account validation and making a deposit. Once completed, FXPrimus users can download the trading platform of their choice.

It's important to note that FXPrimus requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps FXPrimus maintain a trustworthy financial environment for its 10,000 users. Detailed information on the FXPrimus trading platforms is available on their website.

Losses can exceed deposits

Performing trades with FXPrimus

When using FXPrimus, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. FXPrimus have a max trade of 80 lot. With the ECN and STP execution methods offered by the platform, traders using FXPrimus can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.

One of the FXPrimus platforms notable features is its claim of having no requotes, which means traders need not be concerned about slippage when executing trades (i.e., trades being executed at a price different from the intended price). No requotes can provide FXPrimus traders with greater confidence and peace of mind when trading on the FXPrimus platform. It's worth noting, however, that other factors, such as market volatility and liquidity, can still affect the execution of FXPrimus trades.

Like other brokers, FXPrimus margin requirements can differ depending on the traded instrument.

CFD Trading on FXPrimus

We will show you an example of the basics of using FXPrimus leverage.

CFD trading on FXPrimus allows traders to speculate on the price movements of various financial instruments against the broker FXPrimus, without actually owning real assets. With CFDs, FXPrimus traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

FXPrimus provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, FXPrimus leverage profits and losses are magnified when trading. For instance, using CFDs, you use the FXPrimus trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, FXPrimus leverage magnifies both profits and losses in trading.

Trading CFD trades on the FXPrimus platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced FXPrimus traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Losses can exceed deposits

Limit Risk When Trading with FXPrimus Stop Loss, FXPrimus Stop Limit Orders

Stop-loss orders are a popular risk management tool traders use on platforms such as FXPrimus . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.

Stop-loss orders are especially important for FXPrimus traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an FXPrimus trader should use a stop-loss order can vary depending on the specific trade and market conditions.

Overall, stop-loss orders can provide FXPrimus traders with an effective way to manage risk and protect their investments in volatile markets.

Education Resources at FXPrimus

To trade effectively with FXPrimus, it's important to have a good understanding of the FXPrimus trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with FXPrimus and externally.

FXPrimus . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with FXPrimus. Familiarizing yourself with the FXPrimus trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using FXPrimus. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with FXPrimus involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like FXPrimus, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with FXPrimus. Explore the FXPrimus platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with FXPrimus, before live trading.

Customer Support at FXPrimus

As part of our FXPrimus review, we review customer service options, response times and problem resolution effectiveness on the FXPrimus trading platform. The FXPrimus trading platform supports multiple languages, which includes English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian.

FXPrimus has a triple AAA grade support and customer service rating because they offer various range of languages, live chat, and email support.

FXPrimus customer service supports multiple languages from all over the world. Having a broker that can hire people from various locations worldwide who can better communicate with you in your local language is a huge advantage when dealing with issues.

Your customer service experience with FXPrimus has to be positive for you to effectively trade the financial markets on the FXPrimus platform. FXPrimus should answer all of your questions and your FXPrimus platform issues are solved. When an FXPrimus customer has any queries regarding FXPrimus, the FXPrimus customer support team should take these issues seriously and offer a quick and effective solution. FXPrimus has a great client support team, so we have rated their customer service highly.

Livechat Support at FXPrimus

We experienced fast and responsive support from FXPrimus

At FXPrimus, customer support is a top priority. We put their live chat to the test, reaching out through both their app and website. We were pleasantly surprised to receive a response within three minutes. Don't take our word for it. Test the chat service yourself. A responsive chat service from FXPrimus should be a positive support experience for all FXPrimus users, saving you from waiting days for an email response.

We also tested communicating with FXPrimus support in various languages and countries. The FXPrimus help centre quickly resolved our customer issues.

Email Support at FXPrimus

As part of our review process, we wanted to test the email support offered by FXPrimus. We sent 25 emails at different times and were impressed with the response times. We received the fastest response in less than 2 minutes, and the slowest response was 3 hours. While your experience may vary, our testing shows FXPrimus has excellent email support overall.

The support team quickly and efficiently resolved all of our queries. Overall, we were very satisfied with the email support provided by FXPrimus. If you're looking for a broker with reliable email support, FXPrimus is worth considering.

Phone Support at FXPrimus

Our experience with FXPrimus phone support was positive. When we called, the team answered our call promptly, in less than a minute.

During the call, we tested the multilingual FXPrimus team by speaking in different languages, and they made an effort to answer our queries in each language.

The phone support team successfully resolved our questions and issues over the phone. Overall, we found the phone support from FXPrimus good.

See how FXPrimus Support Compares Against Other Brokers

Broker FXPrimus IC Markets Roboforex eToro
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Indonesian, Chinese, Thai, Vietnamese, Hungarian, and Malaysian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, German, Spanish, French, Italian
Learn More Visit FXPrimus Visit IC Markets Visit Roboforex Visit eToro
Risk Warning Losses can exceed deposits Losses can exceed deposits Losses can exceed deposits 77% of retail investor accounts lose money when trading CFDs with this provider.

What you will need to open an account with FXPrimus

As FXPrimus is regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID).

As a new client of FXPrimus, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with FXPrimus in your region. During the FXPrimus account opening process, you will be asked to provide FXPrimus with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with FXPrimus have the following documents available.

  • FXPrimus require a scanned colour copy of your passport, driver's license or national ID card.
  • A recent utility bill or bank statement that confirms your residential address for FXPrimus compliance. This must be dated within the last six months.
  • If you plan to fund your FXPrimus account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the FXPrimus platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under FXPrimus Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring FXPrimus's platform.

However, remember that you won't be able to make trades on FXPrimus until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the FXPrimus KYC compliance process as soon as possible to avoid any delays in accessing the FXPrimus platform's features.

It is important to note that FXPrimus may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the FXPrimus platform and features immediately. However, you must pass the verification process to start live trading with FXPrimus, which can take up to a few business days.

To start the process of opening an account with FXPrimus you can visit the FXPrimus trading platform here.
Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from http://www.fxprimus.com/ on June 04, 2023.

Watch this FXPrimus Explainer Video

Is FXPrimus A Good Broker?

We have spent over 5 years examining FXPrimus in depth. Although we found some very useful aspects of the FXPrimus platform that would be useful to some traders. We feel that a alternative to FXPrimus may better suit you.

  • FXPrimus have a good track record of offering Forex, Social Trading.
  • FXPrimus has a history of over 14 years.
  • FXPrimus has a reasonable sized customer support of at least 10.
  • FXPrimus are regulated by the Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID). FXPrimus is subject to strict regulatory oversight from its respective jurisdiction, which holds FXPrimus (the broker) accountable for misconduct. This regulatory framework helps ensure that FXPrimus operates fairly and transparently and provides FXPrimus customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and FXPrimus.
  • FXPrimus have regulation from reputable regulators.
  • One of the advantages of using FXPrimus is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from FXPrimus are particularly important as FXPrimus traders want to receive their money quickly. With the efficient FXPrimus payment processing system, traders can enjoy faster access to their FXPrimus funds.
  • FXPrimus have an international presence in multiple countries. Including local FXPrimus seminars and training.
  • FXPrimus can hire people from various locations in the world who can better communicate in your local language.

FXPrimus Risk Disclosure

Losses can exceed deposits

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

FXPrimus not quite right?

If after reading this FXPrimus review, FXPrimus does not fulfill your needs check out these FXPrimus Alternatives.

Click here to view the best FXPrimus Alternatives

We have spent years researching the best alternatives to FXPrimus. Click the links below to learn more.

After extensive research over several years, we have compiled a list of the most effective FXPrimus alternatives available today. If you are unsatisfied with FXPrimus or want to explore other options, we recommend checking out our carefully curated list of highly-rated FXPrimus alternatives. Follow the links below to learn more about these FXPrimus broker alternatives and choose the one that best suits your trading needs.

Related FXPrimus Vs Comparisons

Throughout our comprehensive FXPrimus review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing FXPrimus against other popular brokers in the industry, check out our FXPrimus Vs pages. Our team has compiled a series of detailed FXPrimus comparison articles, pitting the FXPrimus platform against some of the best-rated FXPrimus competitors in the market. Dive into our informative FXPrimus Vs pages below to find out how FXPrimus stacks up against other leading brokers.

FXPrimus review
FXPRIMUS Frequently Asked Questions

Read our detailed FXPrimus FAQ Section updated for 2023.

Can I try FXPrimus?

FXPrimus offer a demo account so you can try the FXPrimus platform with virtual trading before you put down a payment. Virtual trading with FXPrimus is zero risk. Learn more here

What funding methods do FXPrimus accept?

Please note that the list of payment methods below depends on the FXPrimus Entity and the client's Country of Residence.

FXPrimus offer the following funding payment methods Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Payoneer, SafeCharge, TrustPay, EmerchantPay, Bitcoin, UnionPay, FasaPay, Giropay, among other payment methods.
Learn more here

Losses can exceed deposits

Is FXPrimus safe?

FXPrimus have over 10,000 users. FXPrimus are considered reliable as they are regulated by and checked for conduct by the Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID). Any payments funded to FXPrimus accounts by traders are held in a segregated bank account. For added security,FXPrimus use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with FXPrimus is risky, and because the market is so volatile, losses could happen at any time.

Losses can exceed deposits

Is FXPrimus trading good?

FXPrimus is considered good and reputable to trade with FXPrimus. FXPrimus is used by over 10,000 traders and FXPrimus users. FXPrimus offers Forex trading, and Social trading. Minimum deposit with FXPrimus is 100.

Is FXPrimus trading Legit?

FXPrimus was founded in Cyprus in 2009. FXPrimus has been facilitating trade on the financial markets for over 14 years. FXPrimus offers clients Forex trading, and Social trading. All funds deposited to FXPrimus are held in segregated bank accounts for security. FXPrimus is regulated by Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) so can be considered legit.

Is FXPrimus a good broker?

FXPrimus allows Forex trading, and Social trading. FXPrimus is overseen by the top tier financial regulators Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) so can be considered a good broker.

Is FXPrimus trustworthy broker?

FXPrimus is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to FXPrimus, money is in a segregated bank account that is separate from FXPrimus company's funds. As a regulated broker, FXPrimus cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by FXPrimus. Instead, your FXPrimus funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with FXPrimus. Also FXPrimus is regulated in its local jurisdictions including major financial regulators like Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID).

What is the minimum deposit for FXPrimus?

The minimum deposit to trade with FXPrimus is 100.

How long do FXPrimus withdrawals take?

Withdrawing money from FXPrimus processing time varies depending on the method but averages 1-5 days.

Is FXPrimus regulated?

FXPrimus is regulated by the Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID). Regulatory bodies conduct regular reviews and audits as part of FXPrimus maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is FXPrimus a market maker?

FXPrimus is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by FXPrimus even if no buyer or seller is lined up.

How can I start trading with FXPrimus?

When opening a trading account with FXPrimus, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on FXPrimus trading platforms, you can follow the link provided below: Learn more about signing up with the FXPrimus trading platform here. This will provide useful information and insights into the various trading platforms offered by FXPrimus, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with FXPrimus?

Yes your money is safe with FXPrimus.

Overall, strict financial regulation is essential for ensuring that trading platforms like FXPrimus operate fairly, transparently, and responsibly, which ultimately benefits all FXPrimus stakeholders involved.

Trading platforms like FXPrimus must have strict financial regulation for several reasons:

  • Protecting FXPrimus Investors: Strict financial regulation ensures that investors who use the FXPrimus trading platform are protected against fraudulent or unethical behavior by the FXPrimus platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the FXPrimus platform.
  • Maintaining FXPrimus Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the FXPrimus trading platform. Regulatory procedures reduce the likelihood of the FXPrimus platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing FXPrimus Transparency: Regulations require trading platforms like FXPrimus to maintain detailed records and disclose FXPrimus client information. Financial regulatory requirements enhances transparency and helps to build trust between the FXPrimus platform and its investors.

FXPrimus is regulated by the Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID). When selecting a broker such as FXPrimus, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, FXPrimus ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like FXPrimus.

Is FXPrimus a con?

FXPrimus is regulated and well established, having been in business for over 14 years. FXPrimus is not a con.

Can you make money with FXPrimus?

Although traders have had great success with FXPrimus, trading on the financial markets with FXPrimus is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does FXPrimus have fees?

FXPrimus withdrawal fees vary on payment method.FXPrimus doesn't charge inactivity fees. FXPrimus do charge deposit fees.

When was FXPrimus founded?

FXPrimus was founded in 2009.

How many people use FXPrimus?

FXPrimus is used by over 10,000 registered FXPrimus users.

What is FXPrimus Headquarters country?

FXPrimus has its head quarters office in Cyprus .

Does FXPrimus offer negative balance protection?

FXPrimus does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does FXPrimus offer guaranteed stop loss?

FXPrimus does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does FXPrimus allow scalping?

FXPrimus offers scalping.

Does FXPrimus allow hedging?

FXPrimus offers hedging.

Does FXPrimus offer CFD trading?

FXPrimus offers CFD trading.

Does FXPrimus offer STP?

FXPrimus offers STP trading.

How many people use FXPrimus?

FXPrimus is used by over 10000 FXPrimus users and traders.

Is FXPrimus an ECN broker?

FXPrimus offers ECN trading.

Does FXPrimus offer a demo account?

FXPrimus offers a demo account.

Does FXPrimus offer an Islamic account?

FXPrimus offers an Islamic account.

What are the funding methods for FXPrimus?

Please note that funding methods and options available with FXPrimus can be found in the FXPrimus Members area and depend on the FXPrimus clientโ€™s country of residence. Please check your specific available payment methods on the FXPrimus website. FXPrimus accept the following funding methods : Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Payoneer, SafeCharge, TrustPay, EmerchantPay, Bitcoin, UnionPay, FasaPay, Giropay.

FXPrimus review written by Andrew Blumer and Mark Hansen

We hope you found our review of the FXPrimus brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

FXPrimus review written by Mark Hansen of Comparebrokers.co